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Home » Newsletters » BioWorld MedTech

BioWorld MedTech

July 17, 2023

View Archived Issues
Cognito headset

Know what? Cognito study shows gamma therapy reduces Alzheimer’s biomarkers

A study conducted by Cognito Therapeutics Inc. demonstrated significant changes in white matter volume and myelination in patients with Alzheimer’s disease after six months of at-home, non-invasive gamma stimulation therapy in a presentation at the Alzheimer’s Association International Conference 2023. Read More

CMS draws flak for radiation oncology cuts in doc fee draft for calendar 2024

The U.S. CMS has released the draft Medicare physician fee schedule for calendar year 2024, inviting rebuttal from physician groups thanks to a proposed cut in rates of 1.25%. However, the draft’s proposed cut of roughly 2% for radiation oncology services has also provoked stakeholders who blasted the proposal as a detriment to cancer care, a particularly ironic move given the emphasis on the Biden administration’s Cancer Moonshot. Read More
Caristo demonstration image

Caristo deploys Cari-Heart imagining technology in NHS pilot

Caristo Diagnostics Ltd. is deploying its medical imaging technology, Cari-Heart, at several NHS hospitals in a pilot project that will help identify patients at risk of heart attack years before it occurs. Cari-Heart detects signs of inflammation around coronary arteries. “No other company is doing this,” Frank Cheng, CEO of Caristo told BioWorld. “No one is using CT to quantify and visualize coronary inflammation” to predict the risk of a heart attack years in advance. Read More
Osteopore 3D skull implant

Osteopore’s 3D regenerative implants could revolutionize orthopedic surgery

Tissue regeneration company Osteopore Ltd. is on the cusp of dramatically changing the way orthopedic surgery is conducted globally, with Australia playing a crucial role. Osteopore was the first company to successfully develop and commercialize 3D-printed bioresorbable implants for surgical use, reducing post-surgery complications compared to permanent implants. Read More
digital-health-electronic-health-record-EHR.png

US-based EHR vendor hit with $31M fine in whistleblower lawsuit

The False Claims Act (FCA) has generated billions of dollars in fines each year in the U.S., and Atlanta-based Nextgen Healthcare Inc., is the latest to find itself on the wrong end of a whistleblower lawsuit based on the FCA. The U.S. Department of Justice reported that Nextgen will hand over $31 million to settle allegations that the vendor of electronic health records (EHR) not only misrepresented the capabilities of its software, but also paid kickbacks to physician providers to use its software, a pair of violations that have dinged the company’s finances and its reputation. Read More

Med-tech gainers and losers for July 10-14, 2023

The top 10 med-tech stock gainers and losers for the week. Read More

Financings for July 17, 2023

Med-tech firms raising money in public or private financings, including: Organox, Tivic Health. Read More

In the clinic for July 17, 2023

Clinical updates, including trial initiations, enrollment status and data readouts and publications: Cognito. Read More

Other news to note for July 17, 2023

Med-tech happenings, including deals and partnerships, grants, preclinical data and other news in brief: Accustem, Beckman Coulter, Emeritusdx, Fresenius Medical, Fujirebio, Glaukos, H.U. Group, Icecure Medical, Medicinália Cormédica, Radius XR. Read More

Regulatory actions for July 17, 2023

Regulatory snapshots, including global submissions and approvals, clinical trial approvals and other regulatory decisions and designations: Neuronetics. Read More

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